Major Resolutions of Board Meetings

2015.10.27 Board of Directors’ meeting

Major resolutions of Board of Directors’ meeting:

To approve the consolidated financial statements for the nine months ended September 30, 2015.
To approve the upper limit on funds lent to subsidiaries.
To draw up endorsement and guarantee for subsidiaries.
To enrich operating working capital in the future and improve the financial structure, the Company prepare to apply for syndicated loan.